Cryptocurrencies Face Continued Decline with Uncertain Short-Term Trends

加密货币面临持续下跌，短期趋势不确定

Cryptocurrencies have struggled to recover from their recent decline, which began on Friday. The direction of the short-term trend will be determined in the next 24 hours.

加密货币一直在努力从周五开始的近期下跌中恢复过来。短期趋势的走向将在未来24小时内决定。

The likelihood of a rate cut by the Federal Reserve before December has diminished. Despite the Fed's previous prediction of a 75 basis point (bp) cut, there is now a growing possibility that even a 50bp cut may not materialize. The May inflation data will be a crucial factor in this decision.

美联储在 12 月之前降息的可能性已经减弱。尽管美联储此前预测降息 75 个基点 (bp)，但现在降息 50 个基点也可能无法实现的可能性越来越大。 5月份的通胀数据将是这一决定的关键因素。

Potential Buys During the Decline

下跌期间的潜在买入

Given the current market conditions, which cryptocurrencies might be attractive for buying?

鉴于当前的市场状况，哪些加密货币可能有吸引力？

BONK Coin Price Prediction

BONK币价格预测

BONK Coin has encountered resistance at $0.0000292 and is now poised to return to its base at $0.0000218. The coin's movement has been closely correlated with Solana (SOL). Further weakness is anticipated for BONK Coin if it fails to bounce off its base support. A break below this level could lead to further declines to $0.0000138.

BONK Coin 在 0.0000292 美元处遇到阻力，目前准备回到 0.0000218 美元的底部。该币的走势与 Solana (SOL) 密切相关。如果 BONK Coin 未能从基本支撑位反弹，预计将进一步走软。跌破该水平可能会导致进一步跌至 0.0000138 美元。

PEPE Coin Commentary

PEPE币评论

PEPE Coin has managed to maintain support at $0.0000118 and has the potential to reach its all-time high (ATH). If bullish momentum continues in the coming hours, it could reclaim the $0.0000147 region with closures above $0.0000130. The outlook for PEPE Coin is more optimistic compared to BONK Coin.

PEPE Coin 已成功维持在 0.0000118 美元的支撑位，并有可能达到其历史高点 (ATH)。如果未来几个小时内看涨势头持续，它可能会收复 0.0000147 美元区域，收盘价将高于 0.0000130 美元。与 BONK Coin 相比，PEPE Coin 的前景更加乐观。

DOGE Price Prediction

DOGE价格预测

DOGE bulls were unable to hold $0.153, which has been lost. Dogecoin (DOGE) is now likely to form new lows at $0.124 and $0.116. Below this, the gradual decline could extend to $0.0837, where the uptrend began.

DOGE 多头无法持有 0.153 美元，已经损失。狗狗币 (DOGE) 现在可能会创下 0.124 美元和 0.116 美元的新低。低于此水平，逐步下跌可能会延伸至 0.0837 美元，这是上升趋势的开始。

BOME Coin Price Commentary

BOME币价格评论

BOME Coin has fallen below support at $0.0103, opening the door for further declines. Despite a temporary spike near $0.0095, it will be difficult to prevent bearish pressure following the coin's listing on Binance. If selling continues, BOME Coin could reach its Binance ATL level of $0.00816 or even lower to $0.00729.

BOME Coin 已跌破 0.0103 美元的支撑位，为进一步下跌打开了大门。尽管暂时飙升至 0.0095 美元附近，但在币安上市后，很难阻止看跌压力。如果抛售继续，BOME Coin 可能会达到其 Binance ATL 水平 0.00816 美元，甚至更低至 0.00729 美元。

Conclusion

结论

At the time of writing, GBTC reported a net outflow of around $120 million. If panic in the ETF space intensifies and inflation data remains negative, bearish sentiment could persist.

截至撰写本文时，GBTC 报告净流出约 1.2 亿美元。如果 ETF 领域的恐慌加剧且通胀数据仍然为负面，看跌情绪可能会持续。